Kris Roglieri built a respectable conference. He also built a Ponzi scheme. The eight-year sentence—longer than his own lawyers asked for—signals the government isn't taking fintech fraud lightly anymore.
Forget fintech unicorns hogging the spotlight. Social media giants are crashing the party, flipping your feed into a personal bank. Expect loans based on likes — it's happening now.
For two decades, fintechs thrived by outsourcing banking to partners. Now Affirm, Upstart, and Payoneer are applying for their own charters. The shift signals a fundamental reshuffling of fintech economics—and a reckoning with who controls the customer relationship.
A commercial fleet lender just paid $1.64 million to settle allegations it deliberately exploited California's loan loss insurance program. The real story? How a trusted middleman gamed the system designed to help borrowers with bad credit.
While everyone obsesses over AI hype and crypto casinos, a new wave of fintech companies is actually solving real problems: getting credit to students, helping small businesses borrow, and teaching teenagers how money works. Banks aren't ready for what's coming.
Vitalik Buterin just showed his hand: he's running AI entirely offline, with human approval gates on every transaction. It's a masterclass in crypto paranoia—and maybe a blueprint for how we should all be thinking about AI agents.